±14 to ±24 Acres For Sale
Land | 24 Acres
Marketing description
This 24.023+/- Acre site lies within the highly desirable Manatee Business Park located at Port Salerno in Stuart, FL. It sits just off US HWY 1 and is in very close proximity to both I-95 and the intercoastal, making it an excellent location for both businesses and residential. The 24.023+/- Acre site features 1,107.45+/- Feet of frontage along US 1 with a high traffic count of 39,500 ADT. The site has been cleared and construction permitted, for a 300,000 square foot Retail Center with a traffic signal on US HWY 1.
Investment highlights
Address: 4501 SE Federal Hwy Stuart, FL 34997
Pricing: $35,000,000 (or to be negotiated based on size and shape, etc.)
Frontage: 1,107.45+/- FT
Land Size: 24.023 acres available for potential development. This land can be subdivided, with approximately 14 acres allocated for an apartment development, and the remaining portion earmarked for retail/restaurant use along US 1, with the possibility of an industrial section in the rear. The exact dimensions, configuration, and pricing are subject to negotiation.
Zoning: CPUD Commercial Planned
Future Land Use: Commercial, Multi-Family, Mixed Use
Density: Up to 30 units per acres and four stories
Parcel ID(s): 52-38-41-000-000-00700-8 &52-38-41-013-000-00010-8
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